#1

committed his eighth turnover of the night, leading to Fraziers 3-pointer that extended Floridas le

in Neues 15.10.2019 07:22
von sakura698 | 420 Beiträge

DALLAS -- Mark Cuban says hes a follow-the-rules investor who checked with his broker to make sure that his 2004 sale of stock in an Internet company was legal. Adam Plutko Indians Jersey . Cuban testified Thursday that he was upset when the companys CEO told him news that would reduce the value of his shares, for which hed paid $7.5 million. But he said he did nothing improper when he sold those shares over the next two days. The Securities and Exchange Commission is suing the owner of the Dallas Mavericks for insider trading, claiming that he broke a promise of confidentiality and traded on private information that gave him an advantage over other investors. A jury in federal district court is hearing the civil lawsuit, which doesnt involve criminal charges. The case may hinge on a single phone call between Cuban and the CEO of Mamma.com Inc., a search-engine company based in Canada. In recorded testimony played to jurors this week, CEO Guy Faure said he told Cuban about the planned stock issuance. Faure said that Cuban agreed at the outset that the information would be confidential. Cuban testified that he was upset to learn about the stock offering, which would dilute the shares of earlier investors like himself, but he denied ever agreeing to keep the information confidential. He said he couldnt recall details of the conversation. Executives of Mamma.com, a search-engine company based in Canada, believed that Cuban had promised not to trade until the stock offering was publicly announced. Cuban said he would never have made such an agreement. "Nobodys going to tell me" when to trade, he said. An email from his broker at UBS suggested that Cuban asked if his sale of Mamma.com stock was legal. "I dont like to do anything thats not 100 per cent kosher," he wrote. Cuban said he had reasons beyond the stock offering for selling his shares, including concern over ties between Mamma.com and a convicted stock swindler, Irving Kott. But SEC lead lawyer Jan Folena produced an email exchange from early 2004, before Cuban sold his stock, in which he appeared to dismiss another investors worries about Kott. Folena also produced an email in which Cuban directed a reporter for his sharesleuth.com website to dig up dirt on Faure and Mamma.com. Folena said that Cuban wanted to discredit Faures recollection of the critical 2004 phone call. Folena charged Cuban of cheating because he couldnt stand the idea of losing on an investment. "You look at every loss in your life as a huge failure," she said. "Absolutely not," Cuban answered. Folena then quoted from a business article that Cuban wrote in which he said he took every loss as a huge failure. Cuban was Mamma.coms biggest shareholder, owning a 6 per cent stake. The SEC says Cuban avoided $750,000 in losses by selling on insider information before the shares fell by nearly 10 per cent once the private stock offering was announced. The SEC wants Cuban to give up that money and pay a fine. As Cuban took the witness stand Thursday, he was relaxed -- smiling and making a few jokes. He smiled less often as he jousted throughout the day with Folena. In the afternoon, guided by one of his lawyers, Cuban told the jury his life story -- growing up in Pittsburgh; graduating from Indiana University; moving to Dallas and sharing an apartment with five other guys; starting his first company at 25; becoming a billionaire in 1999 when he and his business partner sold Broadcast.com to Yahoo for $5.7 billion. Cuban looked directly at the jurors as he recounted buying the Mavericks. His wife no longer sits with him because he screams too much, and he misses some games to spend time with his three kids. "Im the luckiest guy in the world," he said of his wealth, which Forbes estimates at $2.5 billion. The jurors paid rapt attention; a few of them smiled. The trial will resume Monday. Graig Nettles Jersey . -- Antoine Bibeau bought the Val-dOr Foreurs valuable time at the Memorial Cup with his 51-save shutout Friday. Nick Wittgren Indians Jersey . -- Miguel Angel Jimenez quickly shifted his focus back to the Ryder Cup after winning his first Champions Tour event. https://www.cheapindiansonline.com/3228u-george-hendrick-jersey-indians.html .Brooks, a three-year veteran, was slow to get up after suffering the injury during a 5-yard run by Arian Foster.Brooks limped off the field midway through the quarter and then slowly walked to the locker room a few minutes later.KNOXVILLE, Tenn. -- Floridas smothering defence returned to form just in time for the third-ranked Gators to keep their winning streak going. After falling behind in the first half due to Tennessees strong shooting, the Gators stepped up their defence down the stretch and won 67-58 Tuesday night for their 16th consecutive victory. Florida also beat the Volunteers in Knoxville for only the second time in its last nine attempts. Florida had allowed opponents to shoot just 38.4 per cent in its first 22 games of the season before Alabama shot 55 per cent in a 78-69 loss to the Gators on Saturday. Tennessee shot 62.5 per cent in the first half Tuesday, but the Volunteers made just 29.2 per cent (7 of 24) of their attempts after halftime. "We didnt press a lot in the first half," Florida coach Billy Donovan said. "The game I thought for us just got kind of stagnant. ... We wanted the game going up and down the floor, to really get into a racing game, and I thought we pressed predominantly most of the second half. We didnt turn them over a lot, but it was just disruptive in terms of flow." Scottie Wilbekin had 21 points and six assists and Michael Frazier II added 11 points for Florida (22-2, 11-0 SEC). Wilbekin and Frazier both made key 3-pointers down the stretch to put the game out of reach. Jarnell Stokes had 20 points and 11 rebounds for Tennessee (15-9, 6-5), which was seeking a victory over a highly ranked opponent to boost its NCAA tournament hopes. Jordan McRae had 17 points and Josh Richardson 13. When the teams last met, Florida routed Tennessee 67-41 in Gainesville on Jan. 25 to hand the Volunteers their most lopsided loss in Cuonzo Martins three-year coaching tenure. Tennessee shot 26.8 per cent (15 of 56) overall and 1 of 19 from 3-point range in that game. "We knew we were a better team than that first game anyway, (even) while it was going on," Richardson said. "We came out and played as well as we could today, and they just outplayed us." Tennessee fired up the crowd by having the players walk through a walkway in the Thompson-Boling Arena stands to get to the flooor, allowing fans to greet them on their way. Dean Chance Indians Jersey. The student section behind one basket waved orange glow sticks as Tennessees starting lineup was introduced. That atmosphere might have caused the Vols to get a little too amped up early on. After a basket by Stokes gave the Vols an early 2-0 lead, Florida went on a 10-0 run by scoring seven points off five Tennessee turnovers in the first 4 1/2 minutes. But once the Vols settled down, they capitalized on their strong shooting to pull ahead. Tennessee outshot Florida in the first half but only led 34-33 at halftime because of Floridas ability to force turnovers and grab offensive rebounds. "I was really encouraged coming into the half, just for the fact wed shot 36 per cent from the field and they shot 62 and were down by one," Donovan said. "Thats generally a recipe where youre down by 12 to 15." The shots Tennessee was making in the first half stopped falling after halftime as Florida grabbed a seven-point lead. The Vols got back into the game by stepping up the intensity on defence even as their own shots werent falling. Tennessee cut the lead to 55-54 on Stokes three-point play with 4:32 left and had the ball with a chance to take the lead after McRae blocked Wilbekins shot. It was the type of scenario that could have caused the Gators to start thinking about their recent history of frustration in this building. Instead, they created a different finish this time. Tennessee forward Jeronne Maymon committed his eighth turnover of the night, leading to Fraziers 3-pointer that extended Floridas lead to 58-54 with 3:32 remaining. Wilbekin, who had missed his first five attempts from behind the arc, also drained a 3 just more than a minute later to pretty much seal the victory. "I think it has a little bit to do with experience," Wilbekin said. "Four seniors (in the starting lineup). Its been a while since weve had four seniors on the team. Just stepping up, making big plays on the offensive side and on the defensive side especially, staying locked in and not letting up in the last moments of the game." ' ' '

nach oben springen


Besucher
0 Mitglieder und 5 Gäste sind Online

Wir begrüßen unser neuestes Mitglied: GDwood2021
Forum Statistiken
Das Forum hat 2849 Themen und 3460 Beiträge.